Spotlight by Mmakamba, a foremost and leading experiential marketing agency known for crafting remarkable experiences, has concluded plans to host the second edition of this year’s Owambe Party tagged “Easter Vaganza”. Scheduled to hold on Saturday, March 30 2024 at the prestigious Amore Gardens, Lekki Phase 1 Lagos, the highly …
Read More »Sunil Bharti Mittal, Airtel Africa Founder, Knighted by King Charles
Sunil Bharti Mittal, Chairman of Airtel Africa has been awarded Honorary Knighthood, the Knight Commander of the Most Excellent Order of the British Empire (KBE), by King Charles III, in recognition of his contribution towards promoting India-UK business relations. The KBE is one of the highest honours conferred by the …
Read More »MoneyMaster PSB mobile app gets exciting user ratings
Users have expressed excitement with MoneyMaster PSB, the mobile banking app of MoneyMaster Payment Service Bank Limited (MMPSB), a payment service bank in Nigeria. Recently, MoneyMaster PSB developed a mobile banking app for the benefit of both its current and potential clients. Customers of the payment service bank now have …
Read More »Nollywood Legend, Mr. Ibu has died at 62
Nollywood Legend Mr. Ibu is reportedly dead. Veteran actor John Okafor, better known as Mr Ibu, died after a protracted struggle with blood clots on his leg. On Saturday, March 2, the actor died in a hospital in Lagos state. For years, the actor struggled with blood clotting on his leg due …
Read More »MANUFACTURING CRISIS LOOMS: BEVERAGE INDUSTRY OPPOSES PROPOSALS FOR SSB TAX HIKE
Stakeholders across the organized private sector in Nigeria have raised concerns over proposals to increase the Sugar-Sweetened Beverage (SSB) tax, citing significant setbacks that will grossly impact the already struggling sector. They argue that the proposals for a tax hike is contentious at best considering Nigeria’s existing economic challenges. With …
Read More »Glo to help businesses with non-core operations
Telecommunications services provider, Globacom, has unveiled a strategic business solution, “Glo Outsource Pro”, which lets organizations focus on their core skills while outsourcing some of their non-core operations. This approach improves productivity and lowers expenses while also improving customer experiences. The “Glo Outsource Pro” enables companies to delegate specific operational …
Read More »Harvard Business School Launches Tony Elumelu Foundation Case Study
Spotlights Role of African Philanthropy in Transforming the Development Agenda in Africa At a time of renewed geopolitical interest in Africa, and an increasing questioning of traditional development finance models, Harvard Business School today released a case study examining the role and impact of the Tony Elumelu Foundation …
Read More »JUST IN: CBN withdraws licences of 4173 BDCs
CBN Governor, Dr Olayemi Cardoso The Central Bank of Nigeria (CBN) on Friday revoked the license of 4,173 bureaux de change (BDC) operators. CBN’s spokesperson Hakama Sidi Ali announced this in a statement. Sidi Ali said the affected institutions listed on the CBN website failed to comply with regulations, …
Read More »Stanbic IBTC Bank Nigeria PMI® – Input costs rise at record pace in February.
Price pressures intensified in the Nigerian private sector during February and were unprecedented in over a decade of data collection. Both input costs and output prices increased at the sharpest rates on record, with rising prices impacting demand. As a result, rates of expansion in output and new orders slowed …
Read More »2023: Dangote Cement increases shareholder’s dividend by 50%, to N30 per share
…sales from African subsidiaries rose by 12.7% In line with the promise of Chairman, Dangote Cement, Aliko Dangote at the company’s 2022 Annual General Meeting (AGM), of an enhanced return on Investments to all the shareholders and other stakeholders in Dangote Cement, Plc, the company’s Management for the year ended December …
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